Welcome!

News Feed Item

EVRYTHNG ANNOUNCES $7m SERIES A FUNDING

EVRYTHNG, the Web of Things software company that makes products smart by connecting them to the Web, today announces a $7 million Series-A investment round with international technology investment firm Atomico, New York-based private equity investors BHLP LLC, London-based venture capital firm Dawn Capital, and with a corporate investment by Cisco.

The funding and caliber of investors cements EVRYTHNG’s position as a globally recognized player in the Internet of Things ecosystem. The company continues to create value for its customers and partners with its intelligent identity platform managing the data flowing to, from and about the billions of new products and other objects becoming connected to the Web.

The investment will enable EVRYTHNG to realize its vision of every thing connected and execute its plan to implement the data management layer of Internet of Things - helping companies operate connected product applications, track in real-time huge numbers of products on the Web, engage customers directly through products, and manage all the digital information and services flowing between products, systems and people.

Niall Murphy, CEO and Founder at EVRYTHNG commented: “The Internet of Things will affect every aspect of business operations and customer experience. It’s incredibly exciting to be right at the heart of this massive technology disruption and to have support for EVRYTHNG’s technology and vision from Cisco, alongside leading investors BHLP, Dawn Capital and Atomico. The investment allows us to accelerate our mission to connect every individual product to the Web with its own intelligent online identity, working with global product manufacturer and retail brands.”

Mattias Ljungman, Partner at Atomico commented: “Since Atomico led its early stage round, EVRYTHNG has won awards and recognition as a pioneer in the Internet of Things. We believe this market represents a fundamental shift globally and is now rapidly accelerating as a high growth opportunity."

Jeff Burde, Investment Partner at BHLP commented: “The Internet of Things presents a huge and disruptive opportunity for global brands to both connect with their customers and supply chain directly and substantively as their products become smart and connected. EVRYTHNG has proved itself the partner of choice for some of the world’s leading brands to tap into the vast applications and opportunities that is the Internet of Things."

“With the Internet of Everything, we’re excited about the applications EVRYTHNG provides to give products a presence on the Web,” said Yoav Samet, Vice President of Corporate Development at Cisco. “Their efforts support our goal to connect the unconnected.”

Haakon Overli, General Partner, Dawn Capital commented: “As companies connect their products they need help analyzing and managing the huge amount of information produced and driving new applications and services. We believe there is significant value in the enterprise space addressed by EVRYTHNG’s unique and powerful software-as-a-service approach.”

BHLP, Cisco and Dawn Capital join EVRYTHNG’s original backers, leading VC firm Atomico (Founded by Niklas Zennström, Co-Founder of Skype).

ENDS

About EVRYTHNG

EVRYTHNG is a Web of Things software company, making products smart by connecting them to the Web. Companies use EVRYTHNG’s software-as-a-service to manage their connected products, make product operations smarter with real-time tracking analytics, and help their customers connect to products in a smarter way.

The EVRYTHNG Engine helps companies to manage billions of intelligent online identities in the cloud for their products. World-leading manufacturer and retail brands work with EVRYTHNG to operate applications linked to individual items as they are made, sold and used, making their supply chains smarter and connecting products more cleverly to people's lives.

To find out more about how EVRYTHNG is enabling the Web of Things today by powering the next revolution in product operations and customer interaction, please visit evrythng.com and follow @EVRYTHNG.

More Stories By Business Wire

Copyright © 2009 Business Wire. All rights reserved. Republication or redistribution of Business Wire content is expressly prohibited without the prior written consent of Business Wire. Business Wire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
SYS-CON Media announced today that @WebRTCSummit Blog, the largest WebRTC resource in the world, has been launched. @WebRTCSummit Blog offers top articles, news stories, and blog posts from the world's well-known experts and guarantees better exposure for its authors than any other publication. @WebRTCSummit Blog can be bookmarked ▸ Here @WebRTCSummit conference site can be bookmarked ▸ Here
In his session at DevOps Summit, Tapabrata Pal, Director of Enterprise Architecture at Capital One, will tell a story about how Capital One has embraced Agile and DevOps Security practices across the Enterprise – driven by Enterprise Architecture; bringing in Development, Operations and Information Security organizations together. Capital Ones DevOpsSec practice is based upon three "pillars" – Shift-Left, Automate Everything, Dashboard Everything. Within about three years, from 100% waterfall, C...
With major technology companies and startups seriously embracing IoT strategies, now is the perfect time to attend @ThingsExpo 2016 in New York. Learn what is going on, contribute to the discussions, and ensure that your enterprise is as "IoT-Ready" as it can be! Internet of @ThingsExpo, taking place June 6-8, 2017, at the Javits Center in New York City, New York, is co-located with 20th Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry p...
SYS-CON Events announced today that Addteq will exhibit at SYS-CON's @DevOpsSummit at Cloud Expo New York, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Addteq is one of the top 10 Platinum Atlassian Experts who specialize in DevOps, custom and continuous integration, automation, plugin development, and consulting for midsize and global firms. Addteq firmly believes that automation is essential for successful software releases. Addteq centers its products an...
In his keynote at @ThingsExpo, Chris Matthieu, Director of IoT Engineering at Citrix and co-founder and CTO of Octoblu, focused on building an IoT platform and company. He provided a behind-the-scenes look at Octoblu’s platform, business, and pivots along the way (including the Citrix acquisition of Octoblu).
You think you know what’s in your data. But do you? Most organizations are now aware of the business intelligence represented by their data. Data science stands to take this to a level you never thought of – literally. The techniques of data science, when used with the capabilities of Big Data technologies, can make connections you had not yet imagined, helping you discover new insights and ask new questions of your data. In his session at @ThingsExpo, Sarbjit Sarkaria, data science team lead ...
SYS-CON Events announced today that IoT Now has been named “Media Sponsor” of SYS-CON's 20th International Cloud Expo, which will take place on June 6–8, 2017, at the Javits Center in New York City, NY. IoT Now explores the evolving opportunities and challenges facing CSPs, and it passes on some lessons learned from those who have taken the first steps in next-gen IoT services.
SYS-CON Events announced today that WineSOFT will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Based in Seoul and Irvine, WineSOFT is an innovative software house focusing on internet infrastructure solutions. The venture started as a bootstrap start-up in 2010 by focusing on making the internet faster and more powerful. WineSOFT’s knowledge is based on the expertise of TCP/IP, VPN, SSL, peer-to-peer, mob...
For organizations that have amassed large sums of software complexity, taking a microservices approach is the first step toward DevOps and continuous improvement / development. Integrating system-level analysis with microservices makes it easier to change and add functionality to applications at any time without the increase of risk. Before you start big transformation projects or a cloud migration, make sure these changes won’t take down your entire organization.
The Internet of Things can drive efficiency for airlines and airports. In their session at @ThingsExpo, Shyam Varan Nath, Principal Architect with GE, and Sudip Majumder, senior director of development at Oracle, discussed the technical details of the connected airline baggage and related social media solutions. These IoT applications will enhance travelers' journey experience and drive efficiency for the airlines and the airports.
Big Data, cloud, analytics, contextual information, wearable tech, sensors, mobility, and WebRTC: together, these advances have created a perfect storm of technologies that are disrupting and transforming classic communications models and ecosystems. In his session at @ThingsExpo, Erik Perotti, Senior Manager of New Ventures on Plantronics’ Innovation team, provided an overview of this technological shift, including associated business and consumer communications impacts, and opportunities it m...
With billions of sensors deployed worldwide, the amount of machine-generated data will soon exceed what our networks can handle. But consumers and businesses will expect seamless experiences and real-time responsiveness. What does this mean for IoT devices and the infrastructure that supports them? More of the data will need to be handled at - or closer to - the devices themselves.
When you focus on a journey from up-close, you look at your own technical and cultural history and how you changed it for the benefit of the customer. This was our starting point: too many integration issues, 13 SWP days and very long cycles. It was evident that in this fast-paced industry we could no longer afford this reality. We needed something that would take us beyond reducing the development lifecycles, CI and Agile methodologies. We made a fundamental difference, even changed our culture...
Updating DevOps to the latest production data slows down your development cycle. Probably it is due to slow, inefficient conventional storage and associated copy data management practices. In his session at @DevOpsSummit at 20th Cloud Expo, Dhiraj Sehgal, in Product and Solution at Tintri, will talk about DevOps and cloud-focused storage to update hundreds of child VMs (different flavors) with updates from a master VM in minutes, saving hours or even days in each development cycle. He will also...
Things are changing so quickly in IoT that it would take a wizard to predict which ecosystem will gain the most traction. In order for IoT to reach its potential, smart devices must be able to work together. Today, there are a slew of interoperability standards being promoted by big names to make this happen: HomeKit, Brillo and Alljoyn. In his session at @ThingsExpo, Adam Justice, vice president and general manager of Grid Connect, will review what happens when smart devices don’t work togethe...